TSE News
Scheduled Implementation Date of Abolishment of T+4 Settlement and Trading Suspension for a Predetermined Period
Update : Apr. 01, 2009
[Tokyo Stock Exchange, Inc.]
With regards to the abolishment of T+4 settlement and trading suspension for a predetermined period due for implementation in November this year, we hereby notify that the scheduled implementation date shall be Monday, November 16, 2009*, after due consideration of record dates in the said month and comments from parties involved in business operations.
(*) Details are as follows.
(Abolishment of T+4 Settlement)
▪In the case of implementation on November 16, T+4 settlement will be abolished for transactions with a record date on or after November 19.
(Abolishment of Trading Suspension for a Predetermined Period)
▪In the case of implementation on November 16, the trading suspension for a predetermined period will be abolished for transactions with a record date on or after November 19.
▪Trading suspensions for a predetermined period which commence before November 16 shall remain effective. (In other words there may be some cases where the trading suspension remains effective till November 18.)
(Abolishment of T+4 Settlement)
▪In the case of implementation on November 16, T+4 settlement will be abolished for transactions with a record date on or after November 19.
(Abolishment of Trading Suspension for a Predetermined Period)
▪In the case of implementation on November 16, the trading suspension for a predetermined period will be abolished for transactions with a record date on or after November 19.
▪Trading suspensions for a predetermined period which commence before November 16 shall remain effective. (In other words there may be some cases where the trading suspension remains effective till November 18.)
Contact
Tokyo Stock Exchange, Inc.
Clearing and Settlement Department
E-mail: clear-dpt@tse.or.jp